Here are five foreign exchange charts you need to see before you start your week:
#5 – The huge doji on the cable weekly chart — that points to another big week of moves
GBPUSD weekly chart
#4 – EUR/USD finishing on the lows and the lowest in almost a year – some big levels nearby
#3 – GBP/JPY daily – Blow off top
GBPJPY like the cliff falling out from Wile E Coyote
#2 – AUD/USD daily nearing the measured target and March low – No catching the falling knife but watch that level.
#1 – Don’t forget about gold – Everyone is making money at the moment except the gold bugs and we’re close to some big levels. Capitulation starting?